Price for Wood; Statuettes and Other Ornaments of Wood in Bulgaria - 2022

Contents:

  1. Price for Wood; Statuettes and Other Ornaments of Wood in Bulgaria (CIF) - 2022
  2. Price for Wood; Statuettes and Other Ornaments of Wood in Bulgaria (FOB) - 2022
  3. Imports of Wood; Statuettes and Other Ornaments of Wood in Bulgaria
  4. Exports of Wood; Statuettes and Other Ornaments of Wood in Bulgaria

Price for Wood; Statuettes and Other Ornaments of Wood in Bulgaria (CIF) - 2022

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $5,085 per ton, which is down by -11.5% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 63% against the previous year. The import price peaked at $5,746 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($10,376 per ton), while the price for Indonesia ($3,652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Statuettes and Other Ornaments of Wood in Bulgaria (FOB) - 2022

The average export price for wood; statuettes and other ornaments of wood stood at $7,031 per ton in 2022, picking up by 4.7% against the previous year. Over the period under review, the export price showed a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of 208% against the previous year. As a result, the export price reached the peak level of $10,025 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,057 per ton), while the average price for exports to Romania ($5,638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+17.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Statuettes and Other Ornaments of Wood in Bulgaria

In 2022, supplies from abroad of wood; statuettes and other ornaments of wood decreased by -11.8% to 160 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of 181 tons, and then fell in the following year.

In value terms, imports of wood; statuettes and other ornaments of wood contracted markedly to $812K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, imports reached the peak of $1M, and then dropped significantly in the following year.

Import of Wood; Statuettes and Other Ornaments of Wood in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23129159646125.9%
Indonesia12786.176.973.7-16.6%
Russia29.541.488.568.532.4%
Germany68.657.824.238.3-17.7%
Netherlands7.110.740.331.263.8%
Poland7.130.139.030.262.0%
Greece3.15.127.621.490.4%
Slovakia17.511.423.117.90.8%
Others98.850.612569.5-11.1%
Total5895841,04081211.3%

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Bulgaria in 2022:

  1. China (97.3 tons)
  2. Indonesia (20.2 tons)
  3. Poland (8.1 tons)
  4. Russia (7.3 tons)
  5. Netherlands (6.5 tons)
  6. Greece (4.8 tons)
  7. Germany (3.7 tons)
  8. Slovakia (3.5 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Bulgaria

In 2022, shipments abroad of wood; statuettes and other ornaments of wood decreased by -34.6% to 38 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 262%.

In value terms, exports of wood; statuettes and other ornaments of wood contracted remarkably to $266K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 219%.

Export of Wood; Statuettes and Other Ornaments of Wood in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece16.050.1145138105.1%
Romania6.864.3115109152.1%
United States11.611.020.419.318.5%
SerbiaN/A0.627.5N/A4483.3%
DenmarkN/A5.431.1N/A475.9%
Others10.712.248.8N/A113.6%
Total45.014438926680.8%

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Bulgaria in 2022:

  1. Romania (19.4 tons)
  2. Greece (16.6 tons)
  3. United States (1.9 tons)

Source: IndexBox Market Intelligence Platform

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